What do we mean by Employees Deposit Linked Insurance? How much is existing limit of amount for employees?

I am working as an HR in this accounting firm. Recently management has decided to provide this employees deposit linked insurance policy to the employees of our company. What do we mean by employees deposit linked insurance? How much is exiting limit of amount for employees?

Re: What do we mean by Employees Deposit Linked Insurance? How much is existing limit of amount for employees?

hello sirthis is a unique plan and set by companies to gain more profits from the firms 'employees.generally it is called P.L.I.this employees insurance generally active In government sectors like railway, post office.an employee take plans as per his /her income.basically it starts from 50000rs to 5 lakhs.the refund will get an employee after completion or at the maturity time.pvt companies are providing these plans as government basis but the refund amount and interstate may be differ but moto is same earnings.all the best